Ajman Bank Named 'Best Islamic Bank'

Ajman Bank , the award-winning Islamic financial services institution committed to transforming the experience of Islamic banking, announced today that it has been named ‘Best Islamic Bank’ on the Arab Achievement Awards presented on the third Annual Arab Investment Summit held on 15th May in Abu Dhabi.

The Annual Arab Investment Summit offers an excellent networking platform for Arab Investors, Financiers, and Government Officials to discuss and expand local and cross-border trade and investment opportunities and build new business partnerships, with a special focus on strengthening relationships among Arab countries. The awards it presents honour companies that stand out in particular areas of expertise in banking, finance, and other major development sectors of the industry.

The accolade was presented to Amer Al Ameri, Ajman Bank’s General Manager – Business Development at the awards ceremony held during the Summit at Park Rotana Hotel in Abu Dhabi.

Mohamed Amiri, the Bank’s Acting Chief Executive Officer, commented: “Winning this award reflects the quality of the work we do and the dedication we have towards our customers. Commitment to Excellence remains Ajman Bank ‘s operating philosophy for being an Islamic Bank of the highest quality in every aspect of its business operations.”

Amer Al Ameri, Ajman Bank ‘s General Manager – Business Development, stated: “We are extremely pleased with this acknowledgement, which recognizes not only our achievements, but also reflects the expertise that our team of talented and passionate professionals brings to each customer, a key factor in our ability to deliver the highest quality Islamic banking products and services.”

Ajman Bank Named 'Best Islamic Bank'.

Ajman Bank had recently won several accolades including ‘Best Customer Loyalty Programme’ by the Banker Middle East, ‘Best Syndicated Deal’ by Islamic Finance News (IFN), ‘Best Branding’ by Islamic Banking and Finance, ‘Best Website Structure’ by the UAE Web Awards, ‘Best Home Finance Product 2011’ by the Banker Middle East, and “Best Small Bank” at the 2011 Bank Benchmark Index Awards, among others.

In a challenging financial environment, Ajman Bank maintained earnings momentum recording net profit growth of 75 per cent for the year ended 31 December 2011, and a breakthrough performance for the first quarter of the current year with a 154% increase in net profit recorded by the end of March 2012.

About Ajman Bank: 

Ajman Bank is a young, agile Islamic commercial bank built on the values of integrity, trust and transparency. The bank provides a wide range of value-driven banking services in the UAE for individual, business and government clients, all in compliance with Shariah principles. Ajman Bank seeks out the market’s best products, people and technology in order to deliver what customers want, how they want it, delivering real value and recreating that human touch lost in modern banking.

Headquartered in Ajman and strongly supported by its government, Ajman Bank is the keystone of the emirate’s economic development strategy and is in a position to benefit from its growth and potential like no other. Ajman Bank is committed to becoming a sustainable organization in its truest sense, balancing care for the community and employees with the business of delivering value to its shareholders and customers.

URL: http://www.zawya.com/story/ZAWYA20120527105004/Ajman-Bank-Named-Best-Islamic-Bank/


Abu Dhabi Islamic Bank PJSC : ADIB Launches Education Finance Promotion Aligned to Customer Needs

ADIB Launches Education Finance Promotion Aligned to Customer Needs

Abu Dhabi, 21 February 2012 – Abu Dhabi Islamic Bank, a top-tier Islamic financial services institution, announced today a reduced profit rate for ADIB Education Finance in a promotion that lasts till 31st March 2012.

Customers can apply for ADIB Education Finance of up to AED 250,000. They can also benefit from a flexible repayment period of up to 48 months, no processing fees, free postponement options and a free Visa Covered Card.

Education finance is widely seen as a good finance and the best investment a person can make because a degree will usually result in a person earning more money. With this promotion, ADIB demonstrates its commitment to raising levels of knowledge and qualifications of the community. The promotion is part of the bank’s community oriented initiatives, such as ‘Smart Money’ financial education booklet.

The promotion is expected to encourage more students to pursue a university education as the bank goes beyond financing tuition fees. ADIB Education Finance takes care of a range of education expenses, including books, transportation, library fees and more.

The ADIB education finance promotion is aligned to government objectives as education is one of the key sectors identified by the Abu Dhabi 2030 Plan. The bank brings the education finance promotion at crucial times in the scholastic year and will facilitate the Plan’s aim to build UAE’s upcoming human capital. It comes at the right time as it provides students with finance customized to their immediate needs.

About ADIB:

Abu Dhabi Islamic Bank (ADIB) was established on 20th May 1997 as a Public Joint Stock Company following the Emiri Decree No. 9 of 1997. The Bank commenced commercial operations on 11th November 1998, and was formally inaugurated by His Highness Sheikh Abdullah Bin Zayed Al Nahyan on 18th April 1999.

ADIB’s vision is to be a top-tier, global Islamic financial services group and its mission is to provide Islamic financial solutions to the global community.

The Bank carries out all contracts, operations and transactions in accordance with Islamic Shari’a principles.

ADIB’s core values, reflected in all its activities are: Simple and Sensible; Transparent; Mutual Benefit; Hospitality and Tolerance; and Shari’a inspired. It brings to its customers banking as it should be.

ADIB – 2011 Awards

ADIB was named the “Best Overall Bank in the UAE in customer service” for 2011 by Ethos Consultancy

ADIB won the” Best Branch Award in the UAE” for 2011 by Ethos Consultancy

ADIB was named the “Best Islamic Bank in the UAE” for 2011  by Global Finance Magazine ADIB was named Best Islamic Bank for 2011 by Business Banking and Finance Magazine

ADIB won Best Corporate Bank  for 2011 by Business Banking and Finance Magazine ADIB was named “The Best Islamic Bank” in the Middle East region for the second year running at the Banker Middle East Industry Awards 2011.

ADIB was nominated as “Fastest Growing Bank in the UAE” by the awards jury at the Banker Middle East Industry Awards 2011.

ADIB won the Best Islamic Bank in the UAE by EMEA Finance magazine

ADIB won the Best Islamic Bank in the UAE by Islamic Finance News Magazine

ADIB won Syndicated loan of the year by Islamic Finance News Magazine